President Bola Tinubu has highlighted Nigeria’s growing economic appeal, citing the Nigerian Exchange Limited’s recent milestone of reaching a N100 trillion market capitalization. This achievement, according to Tinubu, demonstrates the country’s emergence as a significant market destination that can no longer be overlooked.
In a statement released by presidential spokesperson Bayo Onanuga, Tinubu praised corporate Nigeria, citizens, and stakeholders for their contributions to this accomplishment. He encouraged both Nigerian and foreign investors to increase their investments in the local economy, assuring them that his administration’s ongoing economic reforms will yield even greater returns in 2026.
The Nigerian Exchange’s (NGX) crossing of the N100 trillion market capitalization threshold marks a new economic era for the country. Despite global market challenges in 2025, the NGX All-Share Index showed a 51.19 percent return, outperforming the 37.65 percent recorded in 2024. This performance ranks among the highest globally, surpassing the S&P 500, the FTSE 100, and many emerging-market peers in the BRICS+ group.
Tinubu emphasized that Nigeria is no longer a peripheral market but has become a compelling destination where investors are discovering value. The stock market’s stellar performance reflects the country’s economic health and investor confidence. As the NGX continues to grow, it is likely to attract more foreign investment, further boosting the economy.
The Nigerian government’s economic reforms aim to create a more favorable business environment, which has contributed to the NGX’s success. The administration’s efforts to improve infrastructure, reduce bureaucratic hurdles, and increase transparency have helped to enhance investor confidence. With the NGX’s market capitalization expected to continue growing, Nigeria is poised to become an increasingly important player in the global economy.
The milestone achieved by the NGX is a significant indicator of the country’s economic progress and its potential for future growth. As Nigeria continues to implement economic reforms and improve its business environment, it is likely to attract more investment and emerge as a major economic force in the region.
